Oilfield giant SLB sees 83% earnings jump to $3.4bn in 2022
Oilfield services giant SLB (NYSE: SLB), formerly Schlumberger, has enjoyed a whopping 83% leap in its net income during its 2022 results, to $3.4 billion.
Schlumberger
Photo diary: SLB opens ‘one-stop shop’ Aberdeen Performance Centre
SLB has opened its new Performance Centre in Aberdeen – and Energy Voice was invited to have a look inside.
SLB, Subsea 7 alliance secures double first with BP
A partnership, comprised of service behemoths SLB, formerly Schlumberger, and Subsea 7, has secured its first deal in Trinidad and Tobago.
Schlumberger-backed Arabian Drilling surges in Riyadh debut
Arabian Drilling, a Saudi oilfield-services firm partly held by Schlumberger, surged in its trading debut after raising $710 million from its initial public offering in Riyadh.
SLB to acquire wellbore technology group Gyrodata
SLB – formerly Schlumberger – is to acquire global wellbore technology firm Gyrodata in a bid to integrate its proprietary tech for use in SLB services.
SLB to open ‘one-stop shop’ performance centre in Aberdeen
Oilfield services giant SLB – formerly Schlumberger – (NYSE: SLB) has unveiled plans to open a new “Performance Centre” in Aberdeen.
Schlumberger rebrands to SLB as energy services giant commits to a low carbon future
Schlumberger (NYSE: SLB) is rebranding as it affirms its transformation from an oilfield services giant to a global technology company.
Schlumberger profits rise to seven-year high on ‘constructive’ energy fundamentals
Schlumberger (NYSE:SLB) reported pre-tax profits of $907 million for Q3 2022, a 64% improvement on the same period last year and its highest quarterly result since 2015.
Arabian Drilling draws $43 billion in orders for Riyadh IPO
Arabian Drilling Co., a Saudi oilfield-services firm partly held by Schlumberger NV, drew $43 billion in orders for its initial public offering, underscoring the strong investor appetite for Middle Eastern share sales.
Saudi oil driller’s IPO covered within hours in bearish market
Arabian Drilling Co., a Saudi Arabian oilfield-services company partly owned by Schlumberger NV, took only hours to garner enough investor orders to fully cover an initial public offering that could raise as much as 2.67 billion riyals ($710 million).
Schlumberger and Aramco team up to help hard-to-abate industries
Energy services giant Schlumberger is to collaborate with Saudi Arabia’s Aramco to help hard-to-abate sectors reduce their emissions.
Adnoc hands out framework drill deals to Schlumberger, others
Adnoc has dished out five framework agreements for directional drilling and logging while drilling (LWD), worth $1.83 billion.
Oilfield services firms plot subsea merger
Schlumberger (NYSE:SLB), Aker Solutions (OSLO:AKSO) and Subsea 7 (OSLO:SUBC) have announced an agreement to form a new joint venture focused on subsea technology and services.
UK energy companies paying men 20% more than women, figures show
UK energy firms are paying men around 20.2% more than women on average, according to a new study of the sector's gender pay gap.
Schlumberger raises full-year outlook on Q2 results
Schlumberger (NYSE: SLB) reported pretax income of $1.1 billion (£910 million) in its second quarter earnings, as bosses hailed a "favourable mix" of exploration and offshore activity.
Subsea 7 and Schlumberger renew winning team-up
Subsea 7 and Schlumberger have renewed their alliance following a major run of wins over the last two years.
Protests disrupt gala dinner at Africa Energies Summit
Protests have disrupted the gala dinner at the Africa Energies Summit, with a group of Extinction Rebellion activists attaching themselves to Gordon Ramsay’s Heddon Street restaurant.
Equinor extends drilling contracts worth £1.2bn with Baker Hughes, Halliburton and Schlumberger
Equinor is extending contracts with oilfield services giants Baker Hughes, Halliburton and Schlumberger for integrated drilling and well services on the Norwegian continental shelf (NCS).
Schlumberger: Defining and driving high performance, sustainably
The Future North Sea event sponsored by Schlumberger discussed the technologies needed to make the North Sea fit for purpose in a net zero world.
Schlumberger hails strong services outlook on profitable Q1
Oilfield services giant Schlumberger reported pre-tax profits of $638 million for the first quarter of 2022, as it hailed “one of the strongest outlooks for the energy services industry in recent times.”
Petronas and Schlumberger team up for CCS
Petronas has signed a memorandum of understanding with Schlumberger to jointly explore opportunities in the areas of sustainability, digital and Internet of Things (IoT) technologies, as well as research and development projects.
KCA Deutag suspends new investments in Russia
Aberdeen-headquartered drilling contractor KCA Deutag has suspended new investments in Russia, as oilfield services firms join energy majors in reducing exposure to the Russian market following the invasion of Ukraine.
The world’s biggest oilfield contractors are quitting future Russia work
The world’s three biggest oilfield service providers are halting future work in Russia in response to President Vladimir Putin’s invasion of Ukraine, announcing their decisions separately and within 24 hours of each other.
Schlumberger takes wells work for TotalEnergies at Tilenga
Schlumberger has confirmed a wells contract from TotalEnergies for work on the Tilenga field, in Uganda.
Hunting to appoint former Schlumberger director to board
Oilfield services firm Hunting plans to appoint a former top boss at Schlumberger to its board.